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Criterion Wealth Management

SEC Charges Santa Clarita Investment Firm For Defrauding Clients

Criterion Wealth Management SEC

The Securities and Exchange Commission (SEC) charged a Santa Clarita investment firm for allegedly defrauding their clients, officials said Tuesday. Criterion Wealth Management Insurance Services, Inc., an investment advisory firm, and co-owners Robert Gravette and Mark MacArthur, are accused of breaching their fiduciary duty and defrauding their advisory clients by failing to disclose significant financial conflicts of interest when recommending ...

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